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What is the accumulated depreciation on the date of disposal

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Question - The business's year-end is December 31. Cost of equipment = 144000 Useful life in years = 6 Residual value = 0 Date purchased = March 1, 2021 Date of disposal =January 31, 2023 Cash received on disposal = 100000

What is the accumulated depreciation on the date of the disposal? What is the book value of the equipment on the date of the disposal? What is the amount of the gain or loss on the disposal? If a loss, start your answer with a - sign.

Reference no: EM133149779

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